US energy shares look for next spark as investors eye economic recovery ...Qatar

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US energy shares look for next spark as investors eye economic recovery
Investors betting on US energy shares have enjoyed a blistering rally, as the sector leads a move into value and economically sensitive stocks that has gripped the equity market. How much further that run continues could hinge on the success of the economic recovery, supply dynamics in oil markets and whether companies can stay disciplined on spending. The near doubling in the price of crude has helped make shares of oil and gas companies – for years a losing bet – one of the best performing areas of the market, with outsized gains in the stocks of companies such as oil major Exxon Mobil Corp and Diamondback Energy Inc, which have surged 89% and 231%, respectively, since early November. Wit

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